Document nkqao6NRDE56RB5mwoMgVZG1R

purchase and sale agreement between COOPER INDUSTRIES, INC AND FEDERAL-MOGUL CORPORATION DATED AUGUST 17,1998 to by an opposing party, shall be self-authenticated. There shall be a stenographic transcript ofthe proceedings, the cost of which shall be borne equally by the parties, pending the final award. Any Claim submitted to arbitration shall be resolved in accordance with Title 9 of the U S. Code (U.S. Aibitration Act), which shall govern the interpretation, enforcement and proceedings pursuant to this arbitration provision. (e) Rendering of Award. The award rendered by the Arbitrator shall be itemized, shall not include punitive damages, exemplary damages, lost profits or other consequential damages, but may include all or a part of a party's reasonable attorneys' fees, and shall state the reasoning on which it rests. Before rendering the final award, the Arbitrator shall submit to the parties an unsigned draft ofthe proposed award, and each party may deliver, within fifteen (15) days after receipt of such draft, a written statement of alleged errors of fact, computation, law or otherwise. The Arbitrator may disregard any parly's statement to the extent that it is in substance an application for reargument. With twenty (20) days after receipt of such party statements, the Arbitrator shall render the final award. ********4*